(3 Dec 2024)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Cape Town, South Africa – 3 December 2024
1. SOUNDBITE (English) Cyril Ramaphosa, South African President:
“So I think there will be sufficient shock absorbers that will be put in place to enable the G20 to continue to function, in a way that will advance the interests of the world, and remember, through the G20 we are not advancing the interests of one single country. We are advancing the interests of the people of the world, collectively represented in the G20.”
++WHITE FLASH++
2. SOUNDBITE (English) Cyril Ramaphosa, South African President:
”When I spoke to President Trump congratulating him, I informed him that he would need to come to South Africa, and in fact, I invited him to come to South Africa for a state visit, as well as when he comes to attend the G20; and obviously work will ensue when seeing how best to that can be achieved. But we do expect him to attend, as America or the United States as the next president of the G20. So I look forward to handing over the gavel to President Trump as he takes over the reins of being the G20 leaders.”
++ENDS++
STORYLINE:
The Group of 20 has sufficient “shock absorbers” to function effectively if the incoming Donald Trump administration promotes an America First policy at the expense of international cooperation, South Africa’s leader said Tuesday as his country took over the bloc’s presidency.
South Africa assumed the rotational leadership of the group of the world’s leading economies on Sunday from Brazil and will hand it over to the United States at the end of 2025.
Those three countries will work together over the next 12 months as per the G20 protocol.
South African President Cyril Ramaphosa said he would elevate the impact of climate change on developing countries during South Africa’s G20 presidency — the first by an African nation.
U.S. President-elect Trump has shown his disdain for international cooperation on climate issues.
When asked if the G20 was prepared for a likely Trump America First approach in his second administration, which starts on Jan. 20. “I think there will be sufficient shock absorbers that will be put in place that will enable the G20 to continue to function. … We are advancing the interests of the people of the world.”
Trump has given an indication that his foreign policy will be combative. He has pledged to impose new tariffs on China, Mexico and Canada, while he also threatened this weekend 100% tariffs against nations in the BRICS bloc of developing nations, which include Brazil, Russia, China, India, South Africa and others.
Trump wrote on social media site X that those countries should expect to “wave goodbye to selling into the wonderful U.S. Economy” if they pursue a policy of looking to move away from the U.S. dollar for international trade.
BRICS countries have said they want to be less dependent on the dollar, but the group has taken little concrete action and analysts say it’s unfeasible given the dollar’s dominance.
Ramaphosa said Tuesday he had reached out to the U.S. president-elect to congratulate him on his election victory. He also hoped Trump would travel for the G20 summit in South Africa in late 2025.
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